FX.co ★ #MCD H1: Triple Bottom

The Triple Bottom pattern has formed on the chart of #MCD H1. Features of the pattern: The lower line of the pattern has coordinates 269.21 with the upper limit 269.21/267.62, the projection of the width is 283 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 266.38, the price is most likely to continue the upward movement.